• Silico-manganese 65/17 EXW China(300)  04-25|Silico-manganese 60/14 EXW China(200)  04-25|Indium Ingot 99.995%min FOB China(9)  04-25|Molybdenum Conc. 45%min EXW China(100)  04-25|Steel Scrap MMS 4-6mm EXW Guangzhou(80)  04-25|Molybdenum Oxide 50%min EXW China(100)  04-25|Zirconium Sponge Zr+Hf 99.4%min EXW China(-5)  04-25|Ferro-silicon 75%min In warehouse Pittsburgh(0.03)  04-25|Iron Ore Fine Australian 62%min CNF China(3)  04-25|Ferro-molybdenum 60%min EXW China(6000)  04-25|Indium Ingot 99.995%min EXW China(60)  04-25|Copper Conc. TC 25%min CIF China(-1)  04-25|Calcium-silicon 30-60 FOB China(40)  04-25|Molybdenum Oxide 57%min In port South Korea(0.5)  04-25
  • Monthly Silicon Carbide Market Report Oct 2023

    2023-11-13 08:54:37   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.

    Contents
    1 Market Highlights 3
    2 Economy and Policy 3
    3 Market Movements 3
    3.1 Chinese Market 3
    3.1.1 Black Silicon Carbide 88%min 0-10mm EXW China 3
    3.1.2 Black Silicon Carbide 98%min 10-30mm EXW China 4
    3.1.3 Black silicon carbide 98%min F16-100 EXW China 4
    3.1.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm EXW China 3 3.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China 4
    3.1.Asian Metal Copyright3.Asian Metal Copyright5 Green Silicon Carbide 98.5%min F240 EXW China 4
    3.1.6 Green Silicon Carbide 98%min JIS2000 EXW China 5
    3.2 Chinese Export Market 5
    3.2.1 Black Silicon Carbide 88%min 0-10mm FOB China 5
    3.2.2 Black Silicon Carbide 98%min F16-100 FOB China 5
    3.2.3 Green Silicon Carbide 98%min F240 FOB China 5
    3.2.4 Green Silicon Carbide 98%min JIS2000 FOB China 6
    3.3 International Market 6
    3.3.1 Black Silicon Carbide 88%min 0-10mm CIF Europe 6
    4. Company News 6
    4.1 Ningxia Hexing resumed black silicon carbide production 6
    4.2 Tianzhu Chuanggao resumed black silicon carbide production 6
    4.3 Tianzhu Guangfu resumed black silicon carbide production 6
    4.4 Tianzhu Qingfeng resumed black silicon carbide production 7
    4.5 Lanzhou Xinyongda to resume black silicon carbide production 7
    4.6 Lanzhou Xinyongda to resume black silicon carbide production 7
    5 Producers Statistics 7
    5.1 Chinese black silicon carbide producers' statistics 7
    5.1.1 Chinese black silicon carbide producers' operating rate up by 5%MoM in October 7
    5.1.Asian Metal Copyright 8.Asian Metal Copyright2 Chinese black silicon carbide producers' output up by 9.20% MoM in October 8
    5.1.Asian Metal Copyright In the first six months, China's exports hit 11.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory down by 6.39% MoM in October 8
    5.2 Chinese Green silicon carbide producers' statistics 9
    5.2.Asian Metal Copyright1.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate down by 0.81% MoM in October 9
    5.2.Asian Metal Copyright16mt in the same period last year, down 18.Asian Metal Copyright2 Chinese green silicon carbide producers' output down by 1.73% MoM in October 9
    5.2.Asian Metal Copyright Chinese green silicon carbide producers' output from October 2022 to October 2023 % 5.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory up by 3.61% MoM in October 9
    6 Custom Statistics 9
    6.1 China's silicon carbide export volume declined 37.01% YoY in Aug 2023 9
    7 Relevant Industry News 10
    8 Market Outlook for Next Month 10
    8.1 Chinese Market 10
    8.1.1 Black silicon carbide 88%min 0-10mm EXW China 10
    8.1.2 Black silicon carbide 98%min 10-30cm EXW China 11
    8.1.3 Black silicon carbide 98%min F16-100 EXW China 11
    8.1.Asian Metal Copyright44mt of silicon carbide to United States, 17,023.Asian Metal Copyright4 Green silicon carbide 98.5%min 10-30cm EXW China 11
    8.1.5 Green silicon carbide 98%min F240 EXW China 11
    8.1.6 Green silicon carbide 98%min JIS2000 EXW China 11
    8.2 Chinese export Market 11
    8.2.1 Black silicon carbide 88%min 0-10mm FOB China 11
    8.2.2 Black silicon carbide 98%min F16-100 FOB China 11
    8.2.3 Green silicon carbide 98%min F240 FOB China 11
    8.2.4 Green silicon carbide 98%min JIS2000 FOB China 11
    8.3 International Market 11
    8.3.1 Black silicon carbide 88%min 0-10mm CIF Europe 11




























    1 Market Highlights

    Black silicon carbide
    Most producers firmed their prices of 88%min in October based on the high costs and high demand, while they cut their prices of 98%min to boost sales in October due to the sluggish market demand.

    Most exporters firmed their prices of 88%min in late October due to the high market demand and the increased domestic prices while they cut their prices of 98%min in October due to the sluggish overseas market demand and reduced domestic prices.

    Given the stable export prices and high demand, most European sellers firmed their prices in the past month.

    Green silicon carbide
    Given the dropped petroleum coke prices and the sluggish market demand, most producers cut their prices to maintain sales.

    Most exporters insisted on their prices this month given the soft overseas buyers' demand but firm domestic prices.

    2 Economy and Policy

    2.1 China H1 foreign trade exceeds 20 trillion yuan for first time
    China's total goods imports and exports volume rose by 2.1% year-on-year to 20.Asian Metal Copyright The average price was USD1,132.Asian Metal Copyright1 trillion yuan (2.Asian Metal Copyright Black silicon carbide 98%min F16-100 EXW China Price Trend from 2023-09-01 to 2023-10-31 RMBt 3.Asian Metal Copyright81 trillion U.Asian Metal Copyright6 Lanzhou Xinyongda to resume black silicon carbide production Lanzhou Xinyongda Silicon Carbide Co.Asian Metal CopyrightS.Asian Metal Copyright3.Asian Metal Copyright dollars) in the first half of 2023, and it is the first time the country's foreign trade volume exceeded the 20 trillion yuan mark in the January-June period, according to the General Administration of Customs.Asian Metal Copyright74% MoM.Asian Metal Copyright In the first six months, China's exports hit 11.Asian Metal Copyright1.Asian Metal Copyright46 trillion yuan (1.Asian Metal Copyright2.Asian Metal Copyright6 trillion U.Asian Metal Copyright Green Silicon Carbide 98.Asian Metal CopyrightS.Asian Metal Copyright Given the dropped lump prices and the sluggish market demand, most producers cut their prices to boost sales.Asian Metal Copyright dollars), up by 3.Asian Metal Copyright According to NDRC, new efforts will be put in place to stabilize and expand investment in manufacturing.Asian Metal Copyright7% YoY, while imports slightly declined by 0.Asian Metal Copyright9%, up by 3.Asian Metal Copyright1% YoY to 8.Asian Metal Copyright11mt, USD1,268.Asian Metal Copyright64 trillion yuan (1.Asian Metal Copyright3 Carbon electrode That the price of carbon electrode moved down in the past month lead to the reduced production costs of silicon carbide.Asian Metal Copyright21 trillion U.Asian Metal Copyright resumed their black silicon carbide production on 10th October after equipment upgrading and expected to produce about 1,500t in October.Asian Metal CopyrightS.Asian Metal Copyright00 in the same period last year and USD33,297,558.Asian Metal Copyright dollars).

    The increasing export growth shows market confidence to China's economy.

    2.2 China to scale up medium and long-term lending toward manufacturing sector
    China is ready to unleash the potential of consumption further and create a consumption supply system of high-quality, said an official from the National Development and Reform Commission (NDRC) at a news conference held on October 17. According to NDRC, new efforts will be put in place to stabilize and expand investment in manufacturing.Asian Metal Copyright61% MoM in October In October 2023, Chinese green silicon carbide producers' inventory was 8,600t, up by 3.Asian Metal Copyright Efforts will also be made in providing more medium- and long-term loans towards manufacturing to realize high-quality growth of the sector.

    This policy boost the long-term development of manufacture industry of China.

    2.3 China reports reserve increase in 40% of minerals in 2022

    Reserves of almost 40% of minerals in China increased in 2022, according to the latest version of national mineral resources report issued by the Ministry of Natural Resources. The report noted that substantial growth in reserves was registered for copper, lead, zinc, nickel, cobalt, lithium and other minerals in 2022.Asian Metal Copyright70mt in the same period last year and USD1,111.Asian Metal Copyright A total of 132 mineral deposits were newly discovered last year.Asian Metal Copyright1.Asian Metal Copyright As of the end of 2022, a total of 173 kinds of minerals had been found in China, including 13 energy minerals, 59 metallic minerals, 95 nonmetallic minerals and 6 groundwater and gas minerals, according to the report.Asian Metal Copyright "We stopped production in late April to upgrade one furnace from 16,500KVA to 30,000KVA, while another furnace of 22,500KVA stay unchanged", a source from the company disclosed, adding that they now start the 22,500KVA furnace and expect to have first batch of products on 20th October, expecting an output of nearly 600t this month.Asian Metal Copyright In 2022, China's investment in the geological exploration of oil and gas and non-oil and gas minerals both increased, and important progresses were made in the exploration of strategic minerals such as gold, lithium and fluorite.Asian Metal Copyright2 Chinese Green silicon carbide producers' statistics 9 5.Asian Metal Copyright In 2022, fixed asset investment in China's mining sector continued to grow by 4.Asian Metal Copyright1.Asian Metal Copyright5% over the previous year, and the output of main mineral products maintained growth.

    3 Market Movements

    3.1 Chinese Market
    3.1.1 Black Silicon Carbide 88%min 0-10mm EXW China
    In late October, the mainstream prices of Chinese black silicon carbide 88%min 0-10mm stood at RMB4,900-5,200/t (USD670-711/t) Inc-VAT EXW D/A 180 days, unchanged from late last month. Though the weak demand, most producers held their prices unchanged in October based on the high costs and high demand.

    Black Silicon Carbide 88%min 0-10mm EXW China Price Trend from 2023-09-01 to 2023-10-31 (RMB/t)


    3.1.2 Black Silicon Carbide 98%min 10-30mm EXW China
    In late October, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB6,700-7,000/t (USD916-957/t) Inc-VAT EXW D/A 180 days, down by RMB100/t (USD14/t) from late last month. Most producers cut their prices to boost sales in October due to the sluggish market demand.

    Black Silicon Carbide 98%min 10-30mm EXW China Price Trend from 2023-09-01 to 2023-10-31 (RMB/t)


    3.1.3 Black silicon carbide 98%min F16-100 EXW China
    In late October, the prevailing prices of Chinese black silicon carbide 98%min F16-100 hovered at RMB8,700-9,000/t (USD1,190-1,231/t) Inc-VAT EXW D/A 180 days, down by RMB100/t (USD14/t) from late last month. Most producers cut their prices to compete for orders in late October due to the sluggish market demand.

    Black silicon carbide 98%min F16-100 EXW China Price Trend from 2023-09-01 to 2023-10-31 (RMB/t)


    3.1.Asian Metal Copyright3.Asian Metal Copyright4 Green Silicon Carbide 98.5%min 10-30mm EXW China
    In late October, the mainstream prices of Chinese green silicon carbide 98.5%min 10-30cm stood at RMB10,200-10,400/t (USD1,1303-1,423/t) Inc-VAT EXW D/A 180 days, down by RMB100/t (USD14/t) from late last month.Asian Metal Copyright1.Asian Metal Copyright Given the dropped petroleum coke prices and the sluggish market demand, most producers cut their prices to boost sales.

    Green Silicon Carbide 98.5%min 10-30mm EXW China Price Trend from 2023-09-01 to 2023-10-31 (RMB/t)


    3.1.Asian Metal Copyright3.Asian Metal Copyright5 Green Silicon Carbide 98.5%min F240 EXW China
    In late October, the prevailing prices of Chinese green silicon carbide 98.5%min F240 stood at RMB14,500-15,000/t (USD1,984-2,052/t) Inc-VAT EXW D/A 180 days, down by RMB1,00/t (USD14/t) from late last month.Asian Metal Copyright5 Green Silicon Carbide 98.Asian Metal Copyright Given the dropped lump prices and the sluggish market demand, most producers cut their prices to boost sales.

    Green Silicon Carbide 98.5%min F240 EXW China Price Trend from 2023-09-01 to 2023-10-31 (RMB/t)


    3.1.6 Green Silicon Carbide 98%min JIS2000 EXW China
    In late October, the mainstream prices of Chinese green silicon carbide 98.5%min JIS2000 stood at RMB22,500-23,500/t (USD3,079-3,216/t) Inc-VAT EXW D/A 180 days, down by RMB100/t (USD14/t) from late last month.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm CIF Europe 6 4.Asian Metal Copyright Given the dropped lump prices and the sluggish market demand, most producers cut their prices to compete for orders.

    Green Silicon Carbide 98%min JIS2000 EXW China Price Trend from 2023-09-01 to 2023-10-31 (RMB/t)


    3.2 Chinese Export Market

    3.2.1 Black Silicon Carbide 88%min 0-10mm FOB China
    In late October, the mainstream export prices of Chinese black silicon carbide 88%min 0-10mm stood at USD790-820/t Inc-VAT FOB China, unchanged from late last month. Most exporters firmed their prices in late October due to the weak overseas market demand and but high domestic prices.

    Black Silicon Carbide 88%min 0-10mm FOB China Price Trend from 2023-09-01 to 2023-10-31 (USD/t)


    3.2.2 Black Silicon Carbide 98%min F16-100 FOB China
    In late October, the mainstream export prices of Chinese black silicon carbide 98%min F16-100 stood at USD1,280-1,310/t Inc-VAT FOB China, unchanged from late last month. Most exporters firmed their prices in late October due to the weak overseas market demand and but high domestic prices.

    Black Silicon Carbide 98%min F16-100 FOB China Price Trend from 2023-09-01 to 2023-10-31 (USD/t)


    3.2.3 Green Silicon Carbide 98%min F240 FOB China
    In late October, the mainstream export prices of Chinese green silicon carbide 98%min F240 stood at USD2,730-2,830/t Inc-VAT FOB China, unchanged from late last month. Most exporters firmed their prices in late October due to the weak overseas market demand and but high domestic prices.

    Green Silicon Carbide 98%min F240 FOB China Price Trend from 2023-09-01 to 2023-10-31 (USD/t)


    3.2.4 Green Silicon Carbide 98%min JIS2000 FOB China
    In late October, the mainstream export prices of Chinese green silicon carbide 98%min JIS2000 stood at USD3,750-3,850/t Inc-VAT FOB China, unchanged from late last month. Most exporters firmed their prices in late October due to the weak overseas market demand and but high domestic prices.

    Green Silicon Carbide 98%min JIS2000 FOB China Price Trend from 2023-09-01 to 2023-10-31 (USD/t)


    3.3 International Market

    3.3.1 Black Silicon Carbide 88%min 0-10mm CIF Europe
    In late October, the mainstream prices of black silicon carbide 88%min 0-10mm hovered at EUR835-885/t CIF Europe, unchanged from late last month. Given the stable export prices and weak demand, most European sellers insisted on their prices in the past month.

    Black Silicon Carbide 88%min 0-10mm Delivered Europe Price Trend from 2023-09-01 to 2023-10-31 (EUR/t)


    4. Company News

    4.1 Ningxia Hexing resumed black silicon carbide production
    A major black silicon carbide producer in China, Ningxia Hexing Carbon Materials Co., Ltd.Asian Metal Copyright 4.Asian Metal Copyright resumed their black silicon carbide production about a week ago, expecting to produce about 2,000t in October.Asian Metal Copyright2 Tianzhu Chuanggao resumed black silicon carbide production A black silicon carbide producer from Gansu, Tianzhu Chuangao Silicon Carbide Co.Asian Metal Copyright "We halted production since 1st June due to sluggish market demand.Asian Metal Copyright4 Green Silicon Carbide 98.Asian Metal Copyright We could not lower our prices further down due to the high production costs.Asian Metal Copyright2 Chinese black silicon carbide producers' output up by 9.Asian Metal Copyright And given the market demand still in low position, we only opened one production line and estimate to have products in early October ", a source from the company disclosed, noting that they plan to produce about 2,000t next month.Asian Metal Copyright, Ltd.Asian Metal Copyright With a present annual production capacity of 75,000t, they produced about 54,000t in the past year and they only produced about 25,000t so far this year.Asian Metal Copyright83%, down by 0.Asian Metal Copyright They hold an inventory of nearly 2,000t at present.

    4.2 Tianzhu Chuanggao resumed black silicon carbide production
    A black silicon carbide producer from Gansu, Tianzhu Chuangao Silicon Carbide Co., Ltd.Asian Metal Copyright4 Tianzhu Qingfeng resumed black silicon carbide production A major black silicon carbide producer in Gansu, Tianzhu Qingfeng Silicon Carbide Co.Asian Metal Copyright resumed their black silicon carbide production on 6th October after suspension for over five months, expecting to produce about 1,500t this month.Asian Metal Copyright81% MoM in October 9 5.Asian Metal Copyright "We halted our production in late March due the sluggish market demand and started to upgrading our workshop and furnace.Asian Metal Copyright1 Chinese black silicon carbide producers' operating rate up by 5%MoM in October In October 2023, Chinese black silicon carbide producers' operating rate was 59.Asian Metal Copyright Since the market demand recovered slightly compared with first half of 2023, we resumed production in early October", an insider from the company stated, noting that they predict to produce about 1,500t in October.Asian Metal Copyright2.Asian Metal Copyright With a current production capacity of 30,000tpy, they produced nearly 12,500t in 2022 and about 7,500t so far this year owing to the dormant market demand.Asian Metal Copyright 4.Asian Metal Copyright They hold an inventory of almost 300t at the moment.

    4.3 Tianzhu Guangfu resumed black silicon carbide production
    A major black silicon carbide producer in Gansu, Tianzhu Guangfu Carbon Materials Co., Ltd.Asian Metal Copyright 3 Market Movements 3.Asian Metal Copyright resumed their black silicon carbide production on 10th October after equipment upgrading and expected to produce about 1,500t in October.Asian Metal Copyright32% MoM and up by 55.Asian Metal Copyright "We halted production on 15th March to upgrade our furnace and we finished the installment of environmental protectional equipment this month and resumed production on 10th October ", a source from the company disclosed, noting that they plan to produce about 1,500t this month.Asian Metal Copyright5% over the previous year, and the output of main mineral products maintained growth.Asian Metal Copyright With a present annual production capacity of 50,000t, they produced about 30,000t in the past year and they only produced about 5,000t so far this year due to furnace upgrading.Asian Metal Copyright Having a production capacity of 60,000tpy, this company produced around 23,000t in the previous year and produced about 11,000t so far in 2023.Asian Metal Copyright They hold an inventory of nearly 1,500t at the moment.

    4.4 Tianzhu Qingfeng resumed black silicon carbide production
    A major black silicon carbide producer in Gansu, Tianzhu Qingfeng Silicon Carbide Co., Ltd.Asian Metal Copyright, a primary black silicon carbide producer in Gansu, plans to resume black silicon carbide production on 25th October, expecting to produce about 600t next month.Asian Metal Copyright, resumed their black silicon carbide production in early October after suspension for over four months, expecting to produce nearly 600t this month.Asian Metal Copyright1.Asian Metal Copyright "We stopped production in late April to upgrade one furnace from 16,500KVA to 30,000KVA, while another furnace of 22,500KVA stay unchanged", a source from the company disclosed, adding that they now start the 22,500KVA furnace and expect to have first batch of products on 20th October, expecting an output of nearly 600t this month.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm CIF Europe Given the stable prices in Chinese export Market, the prices in European Market would go steady in the following month.Asian Metal Copyright Having a production capacity of 60,000tpy, this company produced around 23,000t in the previous year and produced about 11,000t so far in 2023.Asian Metal Copyright China's export volume of silicon carbide to top three countries in previous 13 months China's export price of silicon carbide to top three countries in previous 13 months 7 Relevant Industry News 7.Asian Metal Copyright They already cleared out of their stocks in July and have no stock at present.

    4.5 Lanzhou Xinyongda to resume black silicon carbide production
    Lanzhou Xinyongda Silicon Carbide Co., Ltd.Asian Metal Copyright1.Asian Metal Copyright, a primary black silicon carbide producer in Gansu, plans to resume black silicon carbide production on 25th October, expecting to produce about 600t next month.Asian Metal Copyright2 Black Silicon Carbide 98%min 10-30mm EXW China In late October, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB6,700-7,000t USD916-957t Inc-VAT EXW DA 180 days, down by RMB100t USD14t from late last month.Asian Metal Copyright "Due to the sluggish demand and the fierce competition, we halted production in late July to control costs.Asian Metal Copyright1.Asian Metal Copyright But we plan to resume production next week as the market demand recovered.Asian Metal Copyright 8.Asian Metal Copyright", an insider from the company revealed, noting that they plan to have the first batch of products on 14th October and produce about 600t next month.Asian Metal Copyright3.Asian Metal Copyright With a production capacity of 15,000tpy, they produced about 5,500t in 2022 and about 3,400t so far this year due to weak demand.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm EXW China 3 3.Asian Metal Copyright They hold an inventory of nearly 100t at present.

    4.6 Lanzhou Xinyongda to resume black silicon carbide production
    Lanzhou Xinyongda Silicon Carbide Co., Ltd.Asian Metal Copyright Chinese green silicon carbide producers' output from October 2022 to October 2023 % 5.Asian Metal Copyright, a primary black silicon carbide producer in Gansu, plans to resume black silicon carbide production on 25th October, expecting to produce about 600t next month.Asian Metal CopyrightS.Asian Metal Copyright "Due to the sluggish demand and the fierce competition, we halted production in late July to control costs.Asian Metal Copyright In 2022, China's investment in the geological exploration of oil and gas and non-oil and gas minerals both increased, and important progresses were made in the exploration of strategic minerals such as gold, lithium and fluorite.Asian Metal Copyright But we plan to resume production next week as the market demand recovered.Asian Metal Copyright1% year-on-year to 20.Asian Metal Copyright", an insider from the company revealed, noting that they plan to have the first batch of products on 14th October and produce about 600t next month.Asian Metal Copyright "We stopped production in late April to upgrade one furnace from 16,500KVA to 30,000KVA, while another furnace of 22,500KVA stay unchanged", a source from the company disclosed, adding that they now start the 22,500KVA furnace and expect to have first batch of products on 20th October, expecting an output of nearly 600t this month.Asian Metal Copyright With a production capacity of 15,000tpy, they produced about 5,500t in 2022 and about 3,400t so far this year due to weak demand.Asian Metal Copyright, resumed their black silicon carbide production in early October after suspension for over four months, expecting to produce nearly 600t this month.Asian Metal Copyright They hold an inventory of nearly 100t at present.

    5 Producers Statistics

    5.1 Chinese black silicon carbide producers' statistics

    5.1.1 Chinese black silicon carbide producers' operating rate up by 5%MoM in October
    In October 2023, Chinese black silicon carbide producers' operating rate was 59.27%, up by 5% MoM and up by 10.Asian Metal Copyright39% MoM and up by 13.Asian Metal Copyright77% YoY.

    Chinese black silicon carbide producers' operating rate from October 2022 to October 2023 (%)


    In October 2023, the black silicon carbide producers' operating rate in Gansu was 50.57%, up by 5.Asian Metal Copyright2 Chinese export Market 11 8.Asian Metal Copyright42% MoM and up by 10.Asian Metal Copyright4 Green silicon carbide 98.Asian Metal Copyright96% YoY; that in Ningxia was 70.Asian Metal Copyright39% MoM in October 8 5.Asian Metal Copyright74%, up by 5.Asian Metal Copyright17mt in the previous month, down 9.Asian Metal Copyright18% MoM and up by 10.Asian Metal Copyright81% MoM in October 9 5.Asian Metal Copyright7% YoY; that in other areas was 65.Asian Metal Copyright1 Black silicon carbide 88%min 0-10mm FOB China Considering the firm domestic prices, the export prices would flatten next month.Asian Metal Copyright9%, up by 3.Asian Metal Copyright39% MoM in October In October 2023, Chinese black silicon carbide producers' inventory was 56,600t, up by 6.Asian Metal Copyright28% MoM and up by 9.Asian Metal Copyright57%, up by 5.Asian Metal Copyright15% YoY.

    Chinese black silicon carbide producers' operating rate by province from October 2022 to October 2023 (%)


    5.1.Asian Metal Copyright4 Green silicon carbide 98.Asian Metal Copyright2 Chinese black silicon carbide producers' output up by 9.20% MoM in October
    In October 2023, Chinese black silicon carbide producers' output was 111,500t, up by 9.20% MoM and up by 26.Asian Metal Copyright2.Asian Metal Copyright27% YoY.

    Chinese black silicon carbide producers' output from October 2022 to October 2023 (t)


    In October 2023, the black silicon carbide producers' output in Gansu was 50,400t, up by 12% MoM and up by 36.58% YoY; that in Ningxia was 41,000t, up by 7.Asian Metal Copyright2 Black Silicon Carbide 98%min 10-30mm EXW China In late October, the prevailing prices of Chinese black silicon carbide 98%min 10-30cm hovered at RMB6,700-7,000t USD916-957t Inc-VAT EXW DA 180 days, down by RMB100t USD14t from late last month.Asian Metal Copyright89% MoM and up by 17.Asian Metal Copyright5 Green Silicon Carbide 98.Asian Metal Copyright81% YoY; that in other areas was 19,100t, up by 5.Asian Metal Copyright39% MoM in October 8 5.Asian Metal Copyright23% MoM and up by 21.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm EXW China 3 3.Asian Metal Copyright08% YoY.

    Chinese black silicon carbide producers' output by province from October 2022 to October 2023 (t)


    5.1.Asian Metal Copyright Most exporters firmed their prices in late October due to the weak overseas market demand and but high domestic prices.Asian Metal Copyright3 Chinese black silicon carbide producers' inventory down by 6.39% MoM in October
    In October 2023, Chinese black silicon carbide producers' inventory was 56,600t, up by 6.39% MoM and up by 13.Asian Metal Copyright Though the weak demand, most producers held their prices unchanged in October based on the high costs and high demand.Asian Metal Copyright2% YoY.

    Chinese black silicon carbide producers' inventory from October 2022 to October 2023 (t)


    In October 2023, the black silicon carbide producers' inventory in Gansu was 24,100t, up by 4.32% MoM and up by 55.Asian Metal Copyright73% MoM in October In October 2023, Chinese green silicon carbide producers' output was 11,300t, down by 1.Asian Metal Copyright48% YoY; that in Ningxia was 19,300t, up by 2.Asian Metal Copyright 4.Asian Metal Copyright11% MoM and up by 0.Asian Metal Copyright Black Silicon Carbide 88%min 0-10mm Delivered Europe Price Trend from 2023-09-01 to 2023-10-31 EURt 4.Asian Metal Copyright52% YoY; that in other areas was 13,200t, up by 17.Asian Metal Copyright6 Green Silicon Carbide 98%min JIS2000 EXW China 5 3.Asian Metal Copyright85% MoM and down by 13.Asian Metal Copyright81% MoM and up by 12.Asian Metal Copyright72% YoY.

    Chinese black silicon carbide producers' inventory by province from October 2022 to October 2023 (t)


    5.2 Chinese Green silicon carbide producers' statistics

    5.2.Asian Metal Copyright5%min 10-30cm EXW China Considering that the petroleum coke prices in Xinjiang stay high this month, the prices of green silicon carbide would stay firm in the following month.Asian Metal Copyright1 Chinese green silicon carbide producers' operating rate down by 0.81% MoM in October
    In October 2023, Chinese green silicon carbide producers operating rate was 45.83%, down by 0.Asian Metal Copyright2 Chinese green silicon carbide producers' output down by 1.Asian Metal Copyright81% MoM and up by 12.Asian Metal Copyright5%min F240 EXW China Price Trend from 2023-09-01 to 2023-10-31 RMBt 3.Asian Metal Copyright02% YoY.

    Chinese green silicon carbide producers' operating rate from October 2022 to October 2023 (t)


    5.2.Asian Metal Copyright72% YoY.Asian Metal Copyright2 Chinese green silicon carbide producers' output down by 1.73% MoM in October
    In October 2023, Chinese green silicon carbide producers' output was 11,300t, down by 1.73% MoM, up by 41.Asian Metal Copyright4 Green Silicon Carbide 98.Asian Metal Copyright25% YoY.

    Chinese green silicon carbide producers' output from October 2022 to October 2023 (%)


    5.2.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm CIF Europe In late October, the mainstream prices of black silicon carbide 88%min 0-10mm hovered at EUR835-885t CIF Europe, unchanged from late last month.Asian Metal Copyright3 Chinese green silicon carbide producers' inventory up by 3.61% MoM in October
    In October 2023, Chinese green silicon carbide producers' inventory was 8,600t, up by 3.61% MoM and down by 16.Asian Metal Copyright5%min F240 EXW China In late October, the prevailing prices of Chinese green silicon carbide 98.Asian Metal Copyright50% YoY.

    Chinese green silicon carbide producers' inventory from October 2023 to October 2023 (t)


    6 Custom Statistics

    6.1 China's silicon carbide export volume declined 37.01% YoY in Aug 2023
    In Sep 2023, China exported 29,202.49mt of silicon carbide, 37,314.Asian Metal Copyright3.Asian Metal Copyright10mt in the same period last year and 27,075.Asian Metal Copyright 8.Asian Metal Copyright15mt in the previous month, down 21.Asian Metal Copyright5%min JIS2000 stood at RMB22,500-23,500t USD3,079-3,216t Inc-VAT EXW DA 180 days, down by RMB100t USD14t from late last month.Asian Metal Copyright74% YoY and up 7.Asian Metal Copyright5 Green silicon carbide 98%min F240 EXW China 11 8.Asian Metal Copyright86% MoM.
    In Sep 2023, China exported USD33,878,048.00 worth of silicon carbide, USD47,336,468.Asian Metal Copyright They hold an inventory of almost 300t at the moment.Asian Metal Copyright00 in the same period last year and USD33,297,558.Asian Metal Copyright10mt in the previous month, down 43.Asian Metal Copyright00 in the previous month, down 28.Asian Metal Copyright1 Ningxia Hexing resumed black silicon carbide production A major black silicon carbide producer in China, Ningxia Hexing Carbon Materials Co.Asian Metal Copyright43% YoY and up 1.Asian Metal Copyright Green Silicon Carbide 98.Asian Metal Copyright74% MoM.Asian Metal Copyright1 Chinese Market 8.Asian Metal Copyright The average price was USD1,160.11/mt, USD1,268.59/mt in the same period last year and USD1,229.82/mt in the previous month.
    In Jan-Sep 2023, China exported a total of 262,520.68mt of silicon carbide, 321,639.Asian Metal Copyright46 trillion yuan 1.Asian Metal Copyright16mt in the same period last year, down 18.Asian Metal Copyright Chinese green silicon carbide producers' operating rate from October 2022 to October 2023 t 5.Asian Metal Copyright38% YoY.
    China's export volume of silicon carbide in previous 13 months

    China's export price of silicon carbide in previous 13 months

    China exported 8,863.44mt of silicon carbide to United States, 17,023.Asian Metal Copyright, a primary black silicon carbide producer in Gansu, plans to resume black silicon carbide production on 25th October, expecting to produce about 600t next month.Asian Metal Copyright92mt in the same period last year and 4,187.Asian Metal Copyright81% MoM in October 9 5.Asian Metal Copyright25mt in the previous month, down 47.Asian Metal Copyright3 Green Silicon Carbide 98%min F240 FOB China 5 3.Asian Metal Copyright94% YoY and up 111.Asian Metal Copyright2 Black Silicon Carbide 98%min F16-100 FOB China 5 3.Asian Metal Copyright68% MoM.Asian Metal Copyright In 2022, China's investment in the geological exploration of oil and gas and non-oil and gas minerals both increased, and important progresses were made in the exploration of strategic minerals such as gold, lithium and fluorite.Asian Metal Copyright The average price was USD629.64/mt, USD908.61/mt in the same period last year and USD925.47/mt in the previous month, down 30.Asian Metal Copyright9%, up by 3.Asian Metal Copyright69% YoY and down 31.Asian Metal Copyright Green silicon carbide Given the dropped petroleum coke prices and the sluggish market demand, most producers cut their prices to maintain sales.Asian Metal Copyright89% MoM.
    China exported 5,416.69mt of silicon carbide to Japan, 5,695.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm EXW China 3 3.Asian Metal Copyright24mt in the same period last year and 5,113.Asian Metal Copyright74%, up by 5.Asian Metal Copyright99mt in the previous month, down 4.Asian Metal Copyright1 Black Silicon Carbide 88%min 0-10mm EXW China In late October, the mainstream prices of Chinese black silicon carbide 88%min 0-10mm stood at RMB4,900-5,200t USD670-711t Inc-VAT EXW DA 180 days, unchanged from late last month.Asian Metal Copyright89% YoY and up 5.Asian Metal Copyright Chinese green silicon carbide producers' operating rate from October 2022 to October 2023 t 5.Asian Metal Copyright92% MoM.Asian Metal Copyright Given the stable export prices and weak demand, most European sellers insisted on their prices in the past month.Asian Metal Copyright The average price was USD1,893.96/mt, USD2,096.25/mt in the same period last year and USD1,923.17/mt in the previous month, down 9.Asian Metal Copyright89% YoY and up 5.Asian Metal Copyright64% YoY and down 1.Asian Metal Copyright28% MoM and up by 9.Asian Metal Copyright51% MoM.
    China exported 2,966.72mt of silicon carbide to South Korea, 5,218.Asian Metal Copyright61% MoM and down by 16.Asian Metal Copyright10mt in the same period last year and 3,406.Asian Metal Copyright With a present annual production capacity of 50,000t, they produced about 30,000t in the past year and they only produced about 5,000t so far this year due to furnace upgrading.Asian Metal Copyright10mt in the previous month, down 43.Asian Metal Copyright94% YoY and up 111.Asian Metal Copyright15% YoY and down 12.Asian Metal Copyright1.Asian Metal Copyright90% MoM.Asian Metal Copyright3 Tianzhu Guangfu resumed black silicon carbide production A major black silicon carbide producer in Gansu, Tianzhu Guangfu Carbon Materials Co.Asian Metal Copyright The average price was USD1,132.40/mt, USD1,185.70/mt in the same period last year and USD1,111.32/mt in the previous month, down 4.Asian Metal Copyright6 trillion U.Asian Metal Copyright55% YoY and up 1.Asian Metal Copyright2 Chinese export Market 8.Asian Metal Copyright89% MoM.

    China's export volume of silicon carbide to top three countries in previous 13 months

    China's export price of silicon carbide to top three countries in previous 13 months


    7 Relevant Industry News

    7.1 Petroleum coke
    The petroleum coke price decrease in the past month, which lead to the reduced production costs of green silicon carbide.

    7.2 Anthracite
    The price of anthracite keep stable in the past month, which lead to the firm production costs of black silicon carbide.

    7.3 Carbon electrode
    That the price of carbon electrode moved down in the past month lead to the reduced production costs of silicon carbide.

    8 Market Outlook for Next Month

    8.1 Chinese Market

    8.1.1 Black silicon carbide 88%min 0-10mm EXW China
    Although the Market demand for black silicon carbide would stay soft next month, given the high production costs, the prices of this product would stay stable.

    8.1.2 Black silicon carbide 98%min 10-30cm EXW China
    Despite that the Market demand for black silicon carbide would stay soft in the following month, considering the raised production costs, the prices of this product would stay firm.

    8.1.3 Black silicon carbide 98%min F16-100 EXW China
    Despite that the Market demand for black silicon carbide would stay soft next month, in view of the high production costs, the prices of this product would keep firm.

    8.1.Asian Metal Copyright With a present annual production capacity of 75,000t, they produced about 54,000t in the past year and they only produced about 25,000t so far this year.Asian Metal Copyright4 Green silicon carbide 98.5%min 10-30cm EXW China
    Considering that the petroleum coke prices in Xinjiang stay high this month, the prices of green silicon carbide would stay firm in the following month.

    8.1.5 Green silicon carbide 98%min F240 EXW China
    Given that the petroleum coke prices in Xinjiang remain firm in the past month, the prices of green silicon carbide would keep steady next month.

    8.1.6 Green silicon carbide 98%min JIS2000 EXW China
    In view of the high prices of the petroleum coke prices in Xinjiang this month, the prices of green silicon carbide would keep unchanged next month.

    8.2 Chinese export Market

    8.2.1 Black silicon carbide 88%min 0-10mm FOB China
    Considering the firm domestic prices, the export prices would flatten next month.

    8.2.2 Black silicon carbide 98%min F16-100 FOB China
    In view of the stable domestic prices, the export prices would keep stable next month.

    8.2.3 Green silicon carbide 98%min F240 FOB China
    In spite of the soft overseas Market demand, given the high domestic prices, the export prices would stay steady next month.

    8.2.4 Green silicon carbide 98%min JIS2000 FOB China
    Although the overseas Market demand remains soft, given the high domestic prices, the export prices would stay stable next month.

    8.3 International Market

    8.3.1 Black silicon carbide 88%min 0-10mm CIF Europe
    Given the stable prices in Chinese export Market, the prices in European Market would go steady in the following month.


    .Asian Metal Copyright China exported 2,966Asian Metal Copyright
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